Senate Democrats call for extension of renewable energy tax incentives this month

If this passes, wind developers will have until 12/31/2009 to place their industrial projects in service and live off the largesse of the American taxpayer. Between federal and state incentives, the entire industry is now 65% taxpayer financed. Yet the profits are reaped by private investors, not passed on to the public. It's no surprise then that during years in which the tax credits expire, the wind industry experiences a 93% drop in private investment.

The real irony here is that one of the goals of the bill is to reduce our dependence on expensive foreign oil. Someone forgot to tell the politicians that in America we don't use oil for electricity. Never have, never will.